Employment Rate in Czech Republic increased to 74.40 percent in the third quarter of 2020 from 74.10 percent in the second quarter of 2020. source: EUROSTAT

Employment Rate in Czech Republic averaged 67.73 percent from 1998 until 2020, reaching an all time high of 75.40 percent in the fourth quarter of 2018 and a record low of 63.70 percent in the first quarter of 2004. This page provides - Czech Republic Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Employment Rate - values, historical data and charts - was last updated on February of 2021.

Employment Rate in Czech Republic is expected to be 75.65 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Czech Republic to stand at 76.00 in 12 months time. In the long-term, the Czech Republic Employment Rate is projected to trend around 76.50 percent in 2021 and 76.85 percent in 2022, according to our econometric models.

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Czech Republic Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
74.40 74.10 75.40 63.70 1998 - 2020 percent Quarterly
NSA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 4.00 9.69 0.09 percent [+]
Unemployed Persons 308859.00 291977.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.50 4.50 0.50 percent [+]
Youth Unemployment Rate 10.30 8.40 21.80 4.80 percent [+]
Labour Costs 120.18 128.23 128.23 56.23 points [+]
Job Vacancies 325425.00 318582.00 351624.00 30803.00 [+]
Wages 35402.00 34271.00 36144.00 6001.00 CZK/Month [+]
Wages in Manufacturing 33643.00 32707.00 35151.00 11827.00 CZK/Month [+]
Minimum Wages 579.22 546.00 579.22 92.35 EUR/Month [+]
Population 10.68 10.63 10.68 9.59 Million [+]
Retirement Age Women 62.67 62.33 62.67 58.00 [+]
Retirement Age Men 63.33 63.17 63.33 61.00 [+]
Labor Force Participation Rate 59.90 59.40 61.00 58.10 percent [+]
Wage Growth 1.70 -2.50 7.40 -3.10 percent [+]
Part Time Employment 288.00 286.30 332.80 190.80 Thousand [+]
Productivity 101.40 106.10 107.40 60.80 points [+]
Employed Persons 5217.23 5233.34 5326.33 4675.90 Thousand [+]
Employment Change 0.20 -1.70 1.20 -1.70 percent [+]
Employment Rate 74.40 74.10 75.40 63.70 percent [+]
Full Time Employment 4798.40 4778.10 4848.70 4306.10 Thousand [+]


Czech Republic Employment Rate
In Czech Republic, the employment rate measures the number of people who have a job as a percentage of the working age population.